Global hard drive supply chains set to recover later this year
FMCG SUPPLIER NEWS
ProcurementLeaders.com - Apr 4th 2012, 08:23
Global hard drive supply chains will be restored to full operation in the second half of this year after last year’s flood catastrophe
IDC estimates that after worldwide hard disk drive (HDD) unit shipments experienced a year-over-year decline of 4.5% in 2011, due mainly to the Thai natural flooding disaster.
Although efforts to clean and repair flooded factory buildings and equipment will take most of the first half of 2012, HDD and HDD component production is expected to return to preflood output levels in the second half of this year, according to a new IDC forecast.
The analyst company noted that, due to the imbalance in supply and demand that resulted from the Thailand floods, HDD prices have moved higher in recent months. HDD vendors are taking advantage of this opportunity to reset prices and recover some of the excessive price erosion that began in 2009.
"In many respects, the hard disk drive industry has collectively hit the ’reset’ button," said John Rydning, research vice president, Hard Disk Drives at IDC.
While PCs will continue to represent the largest market for HDDs in terms of unit shipments, revenue derived from HDDs shipped for PCs is projected to decline over the next five years.
In contrast, HDD demand from personal storage, entry-level storage, and enterprise applications (combined) is increasing, according to the IDC study, Worldwide Hard Disk Drive 2012-2016 Forecast: The Industry Hits the Reset Button.
Related News
SA maize falls after USDA report
14/06/2013 - 08:20
Johannesburg - South African corn declined for a second day after a report from the US Department of Agriculture showed more production than anticipated.
Mr Delivery opts for three wheels to service new Pick n Pay contract
11/06/2013 - 08:29
Mr Delivery opts for three wheels, times 60
Mr Delivery has acquired 60 Mahindra three-wheeler vehicles, fitted with specially designed, lockable canopies, to service a new contract for the Pick n Pay Online Shopping delivery service, which operates from a number of hubs in the country.
Tablet shipments to surpass portable PCs in 2013
03/06/2013 - 09:29
According to a new forecast from the International Data Corporation (IDC) Worldwide Quarterly Tablet Tracker, tablet shipments are expected to grow 58.7% year over year in 2013 reaching 229.3 million units, up from 144.5 million units last year.
Zimbabwe: New procurement law on cards
30/05/2013 - 10:47
Speaking at the Buy Zimbabwe procurement conference in Harare yesterday, Kasukuwere said companies should comply with the stipulated procurement regulations, in which local firms should be granted at least 50% contracts on procurement deals.
Retail: New warehouse distribution property sector emerging in Africa
27/05/2013 - 09:46
A new property sector is opening up in African markets as retailers growing their presence there are now in need of or building their own distribution warehouses, according to Belinda Clur, managing director of Clur Research International.
